International Insurance Blog
Sunday, April 30, 2017
Let’s say you’re the next Pele. Or aiming a bit lower, that your success at your profession depends on your being able to move. Sometimes, international travel health insurance is just not enough. You know that the accidental death or dismemberment benefit of $50,000 will not adequately cover your family.
Fortunately, you can purchase extra insurance in the form of a high-limit ADD insurance policy, which can insure you for up to 10 times your declared annual income. One such plan, the High Limit Accident Insurance plan administered by Petersons International Underwriter, provides that extra coverage with three types of plans.
While the 24-Hour Coverage plan includes coverage for both air travel and travel by common carrier, Common Carrier Coverage and Air Travel-Only Coverage are self-explanatory. Air Travel-Only Coverage includes all certified air transport vehicles, including military air transport.
The benefits of the plan range from Accidental Death only, Accidental Death and Dismemberment, and AD&D and Sudden Cardiac Arrest. The third benefit also provides coverage for death of a plan holder up to 72 hours after the sudden onset of a cardiac arrest, and is available only with the 24-Hour Coverage plan. The plan premium varies by coverage desired.